Question: The funding sources for a Capital Projects Fund include proceeds of a general obligation bond issuance and capital grant from the State Highway Trust. Assuming

The funding sources for a Capital Projects Fund include proceeds of a general obligation bond issuance and capital grant from the State Highway Trust. Assuming there are no other funding sources and expenditures have not exceeded such resources, the ending fund balance should be reported as
The funding sources for a Capital Projects Fund include proceeds of a general obligation bond issuance and capital grant from the State Highway Trust. Assuming there are no other funding sources and expenditures have not exceeded such resources, the ending fund balance should be reported as
nonspendable.
assigned.
restricted.
committed.

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